Agencia Comercial Spirits (NASDAQ:AGCC) Reaches New 1-Year High – Still a Buy?

Agencia Comercial Spirits Ltd. (NASDAQ:AGCC) hit a new 52-week high during trading on Tuesday . The stock traded as high as $16.59 and last traded at $13.62, with a volume of 55612 shares traded. The stock had previously closed at $14.97.

Wall Street Analyst Weigh In

Separately, Weiss Ratings began coverage on Agencia Comercial Spirits in a research report on Friday, January 16th. They set a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Agencia Comercial Spirits Trading Up 9.8%

The company’s 50-day moving average price is $11.04.

Institutional Trading of Agencia Comercial Spirits

An institutional investor recently bought a new position in Agencia Comercial Spirits stock. Geode Capital Management LLC acquired a new stake in shares of Agencia Comercial Spirits Ltd. (NASDAQ:AGCC) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,730 shares of the company’s stock, valued at approximately $114,000.

Agencia Comercial Spirits Company Profile

Agencia Comercial Spirits Ltd is an exempted company with limited liability incorporated under the laws of the Cayman Islands. As Agencia Comercial Spirits Ltd is a holding company with no material operations of its own, our operations are conducted through our indirect wholly owned operating subsidiary Agencia Comercial Co, Ltd (“Agencia Taiwan”) in Taiwan. Agencia Taiwan was formally registered and established in July 2020, and is committed to offering imported whiskies of world-class quality and excellent services to its clients.